S&P 500 and Nasdaq Flex Hard While Dow Struggles to Keep Up | Alphabet and Tesla Lead The Charge

Wall Street wrapped up the week with major flexes from the S&P 500 and Nasdaq, while the Dow kinda dragged its feet.

Nasdaq

The S&P 500 rose 0.5% to close out the week, and the Nasdaq popped 0.9% higher. The Dow Jones Industrial Average, though? It slipped behind, dropping a slight 47 points (basically 0.1%).

Alphabet (Google’s parent company) gave the markets a caffeine boost, smashing first-quarter earnings expectations. They clocked $90.23 billion in revenue and $2.81 EPS, dunking on estimates of $89.12 billion and $2.01 EPS. Investors clearly liked what they saw.

Meanwhile, Tesla caught serious fire, spiking nearly 10%. CEO Elon Musk helped the vibes by announcing he’s stepping away from his DOGE-related government gig. Plus, the U.S. Department of Transportation dropped new self-driving car rules that seem tailor-made for Tesla to win big.

Zooming Out: A Massive Week Overall

The S&P 500 skyrocketed over 4% this week, the Nasdaq did even better with a 6%+ explosion, and even the sluggish Dow managed a 2% uptick. Big tech absolutely carried the squad.

And guess who else is back on the leaderboard? Bitcoin.
BTC is posting its best week since November, charging up and aiming to retest the legendary $100,000 mark very soon.

But Yo, Trade Drama Still Lurking 👀

It’s not all sunshine — global trade is still mad chaotic.
President Trump and Chinese officials kept throwing mixed signals all week. One minute it’s all “deals are coming,” the next it’s “new tariffs incoming.” Investors stayed on their toes, but the market still found a way to W.

Big tech, crypto, and cautious optimism are the vibes right now.
Let’s see if next week keeps the rally going or if trade tensions pull the rug.

You might also like: Ethereum Holds Steady at $1,801 Amid Renewed Institutional Interest

INIT Token Skyrockets 325% After Launch — Hyperliquid Trader Makes $654K in Hours

Someone Just Cashed Out $654K in Hours on INIT — Insider or Genius Trader?

Crypto Twitter is low-key melting down after a Hyperliquid trader pulled off what looks like the cleanest snipe of the year. The trader went long on it , the native token of the Initia blockchain, just after it launched — and now they’re sitting on a $654K profit. Yeah… in just 15 hours.

INIT

The Setup

INIT dropped on April 24, launching on multiple crypto exchanges and instantly becoming the move. A post from Lookonchain spilled the alpha:

  • The trader went long on Hyperliquid with 2X leverage
  • Entry price was $0.638
  • It is now trading at around $0.8494 (+30.82% in 24 hours)
  • The trade made a $654,000 profit, per Hypurrscan

Also Checkout: Trump’s $TRUMP Token Blasts 56% After Announcing VIP Dinner for Top Holders

Insider Alpha or Just Luck?

Crypto sleuths are calling foul play, speculating that the trader might be tied to the Initia team. The timing is just too perfect — the position was opened minutes after the token started trading, right before the massive pump.

Whether it’s insider info or sharp instinct, the streets are watching. 🕵️‍♂️

INIT Token Stats (at press time):

  • Price: $0.8494
  • Volume: ~$1B in 24 hours
  • Market Cap: $126.35M
  • Rank: #304 on CoinMarketCap
  • From Binance Launch Price: $0.2 ➡️ $0.85 = +325%

It is clearly making waves across both centralized and decentralized exchanges — and it’s only been live for a day.

Bottom Line:

Whether you believe the trader is an insider or just cracked the code, this launch is the latest reminder that new token launches = wild opportunities (and even wilder drama).

Keep your eyes on this one. The blockchain is watching.

You might find interesting: Bitcoin Rally Continues With Price Surging Past $95K

$500M SOL Power Move: Strategies Flips the Game With Staking-Fueled Financing Win

SOL Strategies Just Dropped a $500M Flex — And It’s Staked Up AF

Big brain crypto moves alert

SOL Strategies just inked a next-level deal — a $500 million convertible note facility with ATW Partners (yeah, that NYC finance squad). And the twist? All that cash is going straight into buying and staking its tokens. No fluff. Just pure validator energy.

SOL

Here’s the kicker: instead of paying back with boring ol’ interest, the notes pay out in its tokens, capped at 85% of the staking rewards. It’s like getting paid with your own money… that’s making more money. Loop vibes? Definitely.

First $20M tranche closes ~May 1. That’s the warm-up.

Leah Wald, CEO of its Strategies, called it:

“It’s not just big—it’s scalable and self-sustaining.”

Translation: free cash flow from day one, and the company just leveled up its validator empire to institutional status.


Validator Takeover Mode Activated

Strategies ain’t playing small. In March, they:

  • Acquired Laine, the respected Solana validator
  • Scooped up Stakewiz.com, a go-to for validator analytics
  • Jumped to 3.35M tokens staked (worth ~$388M)
  • Pulled in Michael Hubbard, Laine’s founder, as their new Chief Strategy Officer

And then there’s the collab that broke crypto Twitter:
PENGU Validator x Pudgy Penguins 🐧

Yes, the NFT-to-toy megabrand is now riding Solana validator waves with their Strategies. Yields range from 7% to 11%, and you can access it via Phantom. Too easy.


Governance & Long-Term Vision

SOL Strategies also voted for SIMD-228 (Solana’s inflation reduction plan from 4.5% ➡️ 0.87%). It didn’t pass, but it shows they’re serious about a deflationary, sustainable future.

Unlike GameStop and MicroStrategy, who stack Bitcoin like dragon gold, its Strategies actively uses capital to earn yield. It’s treasury strategy 2.0.

Bottom line?

SOL Strategies isn’t just stacking. They’re staking, scaling, and straight-up setting the tone for institutional adoption.

You might also like: Scam ! Bro Ramil Palafox Busted for $198M Scam & Lavish Flexing

Trader Turns $81M Profit on Insane Ethereum Short—Lucky or Insider?

A crypto trader just pulled off a legendary move, bagging $81 million in profits by shorting Ethereum right before Trump announced new tariffs on China, Mexico, and Canada. As expected, ETH tanked, and this trader’s bet paid off big time.

A crypto trader just made $81 million in profit by shorting Ethereum right before Trump announced new tariffs on China, Mexico, and Canada. As soon as the news hit, ETH’s price dropped, and the trader’s bet paid off massively. He used 50x leverage, meaning even a small price swing in the wrong direction could have wiped him out completely. Instead, he hit the jackpot at the perfect moment.

This isn’t the first time something like this has happened. Back in March 2025, another trader made $6.8 million by going long on Bitcoin and Ethereum right before Trump’s “Crypto Strategic Reserve” announcement. He deposited $5.9 million, opened $200 million in leveraged positions, and cashed out right after Trump’s tweet.

With two perfectly timed trades before major government news, people are suspicious. Some say it’s pure skill, while others believe it’s insider trading. Whatever the case, this trader just made one of the biggest crypto plays of the year, and everyone is watching to see what he does next.

Also Read: Tom Lee Says Bitcoin Could Hit $150K in 2025—Will It Happen?

Twin Protocol Debuts $TWIN Token on BitMart Exchange

Twin Protocol drops $TWIN on BitMart! Trade globally, create AI Twins, monetize skills, and keep data secure with blockchain.

Twin Protocol is taking its mission to the next level by launching its native token, $TWIN, on the global crypto exchange BitMart. Starting January 13, 2025, users worldwide will be able to trade $TWIN, gaining access to the platform’s unique AI tools designed to create digital replicas of users, known as AI Twins.

In other words, AI Twins are a whole new, innovative way of knowledge sharing, customer service improvement, and monetizing expertise. Special digital versions of users can even model their very own personality traits, skills, and knowledge. It is a very powerful tool for mentoring, customer support, and beyond. One can train an AI Twin as easily as just uploading documents, recordings, or other data. When trained, the AI Twins can be shared publicly or via the soon-to-launch Twin Marketplace, where users can monetize their expertise in the form of $TWIN tokens.

Twin Protocol’s partnership with SingularityNET, a leading decentralized AI platform, ensures that data security and personalization are at the forefront. By leveraging blockchain technology, Twin Protocol gives users full control over their AI identities, making the platform secure and empowering.

This BitMart listing follows $TWIN’s launch on Uniswap in 2024 and marks another step toward making Twin Protocol’s tools widely accessible. With AI expected to drive massive economic changes in the coming years, Twin Protocol is giving individuals and businesses the tools to stay ahead while keeping their data safe.

Also Read: Pro-XRP Advocate John Deaton Pushes SEC to Publish Hinman Documents

Mantra (OM) Rally Loses Steam as Whales Start Selling

Mantra’s OM token that gained traction across the market with its 30% spike has fallen off quite quickly and now it stands on a mere $3.81. Major reason for this is whales selling big amounts in such a short time. $1.8M worth of OM hit exchanges, signaling complete sell-offs. Supply on exchanges is up by 10% which means its going for a cooldown. Despite this downfall, OM’s still up 20,000% this year with a $3.8B market cap.

Mantra’s OM, the native cryptocurrency powering Mantra’s ecosystem recently had a uphill ride, but it quickly fell off. Just yesterday, it had a strong rally as it jumped over 30% in just 24 hours. This led it to reach its all time high of $4.52 but the positives end there, right after that it started to dip and is indicating to dip down even further. As of now, it is priced at $3.88 and there is no hint in sight that tells its going to increase.

Whale Sell-Off Behind OM’s Decline

Main reason behind such sharp drop is all thanks to whales who decided to quickly sell off all their tokens. According to a report, between November 14 and 17, the amount of OM being bought and sold fell by 54%, this leads to a drop in the token’s price.

Plus, whales are making big moves with OM, $1.3M went to Binance and $534K to OKX. Furthermore, even more OM tokens are set to be sold as every major owner is hitting exchanges. To be accurate, there’s $1.2T worth of OM chilling on exchanges right now.

OM’s Rally is Still Positive

However, despite this price pullback if we compare it from a year ago, it has risen by nearly 20,000%. It holds the market cap of over $3.8 billion. This rally started back when Mantra hyped a big announcement, but there’s no saying where it will go from here as with 10% more OM on exchanges (17.8% total), an overbought situation is undeniable.

Read similar topic: Trump’s Lead Over Harris Narrows on Polymarket as Bitcoin Dips to $68,000

$OM Token Skyrockets 35% in a Day on Mantra Chain

Mantra Chain’s $OM token as seen massive boom lately, increasing by 35% and hitting $2.72. This really helped them boost their market cap to $1.9B with massive $867M in trading volume. Big action came from exchanges as well which also came from big names like Bitunix and DigiFinex. However, a whale pulled out 1.2M $OM from Binance which led to prices dipping by 3% and now overall tokens left are 888.89M.

A native cryptocurrency that powerds Mantra ecosystem goes by the name of Mantra Chain’s $OM token. This is a blockchain focused on DeFi, staking and governance. This token is gaining good momentum lately, graphs show it increasing by 35% in just a matter of 24 hours. According to CoinGecko, it reached $2.72 mark after this surge. The OM token is currently being traded very actively on multiple exchanges and this recent increase even pushed its market cap to reach $1.9 billion. That’s a 32% up  with a 24-hour trading volume surge of 215%, resulting in total $867 million reach.

Read about: Thumzup Allocates $1M for Bitcoin Treasury Reserve

With a 24-hour volume of $33.68 million, or 3.88% of the overall volume, Bitunix has the greatest volume of trades, with the OM/USDT pair trading at $2.21.. That’s not all , other exchanges from  Ourbit and DigiFinex also contribute massively, with Ourbit solely handling $13.23 million and DigiFinex seeing $80.2 million in trading volume.

This surge didn’t last long though, just after this the price dropped by 3%. This sudden drop is all because of a whale’s withdrawal of 1.2 million OM from Binance. Reportedly, he withdrew 19.47 million OM from Binance since December 24, at an average price of $0.662. As of now, the total supply of tokens is 888.89 million, among which 855.14 million tokens are already on circulation.

Read more: Polymarket Whale Loses $3.6M in Tyson Bet Gone Wrong

Galaxy Digital Turns to AI Innovations Amid Bitcoin Mining Challenges

Summary

Galaxy digital, a seemingly huge name in Bitcoin mining is shifting focus to AI amid its rising competition and mining challenges. In its Q3 report, they revealed plans to repurpose their Helios facility in Texas for high-performance AI computing through partnership with a major data center. Galaxy aims to ramp up their power capacity to reach 1.7 GW.

Galaxy digital, a financial services and investments management company which also performs Bitcoin mining has decided to hop in on the trend and shift to AI . Its mostly driven to such path by increasing competition and rising mining difficulty within the whole sector.

In its Q3 reports, Galaxy shared info about them teaming up with a big-time data center called “hyperscaler”, which is rumored to convert its 800MW Helios mining facility in Texas into a high-performance AI hub. At this time only 200MW is active and they’re aiming to boost capacity by adding up to 1.7GW but they need approval from higher-ups to make it possible.

They are not the only ones following this trend, some other big names in crypto mining like Riot Platform and Marathon Digital are also looking to hop on to AI. Core Scientific has already locked in an $8 billion AI deal with CoreWeave over the next 12 years. Analysts say this shift is a major game-changer, to quote: “if Bitcoin miners put 20% of their energy toward AI, annual profits could hit $14 billion by 2027”.

Arkham Intelligence Launches Perpetual Futures Exchange with On-Chain Auditing and Rewards Program

Summary

Arkham has just dropped a new perpetual futures exchange going live next week. Users will now be able to trade spot and futures with full on-chain proof of reserves. Sign ups are available now and users can earn Arkham Points for trading now, which can later be redeemed for Arkham tokens. However, U.S. users are blocked from these services.

Blockchain analytics firm Arkham Intelligence has finally broken silence by announcing the launch of their new perpetual future exchange. This exchange is set to go live by next Wednesday. This perpetual exchange will offer users a platform to trade spot and perpetual futures. As said in an announcement, they will provide an on-chain auditing and traceable proof of reserves which helps keep things organized and secure.

Plus, they are also launching rewards system where users can earn Arkham Points based on their trading volume, and this feature is even better for VIPs as they get extra 10% boost. One can swap these points for ARKM tokens after 30 days of trading. Arkham’s really stepping up their game lately, from dropping their own token (ARKM) to being ranked among top 150 cryptos.

As of November 7 2024, the ARKM token is priced at $2.10 with a 24 hour trading volume of $206,169,606. This indicates an increase by 0.36% since yesterday and a whopping 32.00% increase since past 7 days. With a circulating supply of about  300 Million ARKM tokens and a market cap of almost $623,895,694 Arkham is placed comfortably on top 150 list of world’s top cryptos. Also being backed by billionaires like  Peter Thiel and OpenAI CEO Sam Altman this platform is not slowing down anytime soon.

Read similar topic: OpenAI expands globally: Singapore is next

Meta Teams Up with Reuters to Bring Real-Time News to Its AI Chatbot

Summary

Meta’s latest AI tech aims to level up the way we get our news, thanks to the new collab with Reuters. They’ve locked a multi-year deal and are letting Meta’s AI chatbot serve real time Reuters news straight to meta applications. Now we can get the updates just by asking!

The latest AI technology from Meta, a multi-billion dollar company famous for its social media platform, have made collaboration with Reuters, a global news organization known for their reliable, real-time news and information delivery. This is a multi year partnership and it is set to change the way we perceive news.

Basically there is going to be a chatbot in users’ any meta apps like Messenger, Instagram, WhatsApp and Facebook, where user can ask that bot about the news they want to know about. Its like having an intelligent friend who is up to date with all the latest news. Users are promised to receive accurate, up-to-date information alongside links to Reuters’ full coverage.

This collaboration is also a step up for Meta’s AI integration programs. It boosts engagement on its platform while also supporting news organizations. This initiative is just a part of Meta’s broader AI strategy. Some of its plans include AI driven customer service on WhatsApp and predictive content features on Facebook. These innovations show how Meta’s ambition to transform interaction with information.

AI is rapidly becoming more mainstream, similar to meta many other big tech companies are also investing on the advancement of AI. This further increases chances of AI crypto being face of the market.

Read similar topic: Vaneck launches fund of $30M to boost Fintech, Crypto and AI startups

Exit mobile version